Stablecoins
Latest news, analysis, and updates on Stablecoins from A47 News.
9 stories in Crypto · Updated live
Iran's Central Bank Directs Businesses to Use Bitcoin and Tether for Sanctions Evasion
On September 9, 2026, Iran's central bank instructed businesses to repatriate funds using Bitcoin and Tether in response to intensified U.S. sanctions. This directive is a strategic adaptation to bypass exclusion from global banking networks amid ongoing military pressures. The long-term implication is a potential increase in Iran's reliance on cryptocurrency, which may lead to further sanctions and enforcement actions from the U.S. Treasury targeting associated exchanges and wallets.
U.S. Bank Successfully Pilots USBDC Stablecoin for Cross-Border Transactions
On September 9, 2026, U.S. Bank executed a live pilot transaction using its proprietary USBDC stablecoin on the Stellar blockchain. This initiative is driven by the bank's aim to validate its Digital Asset Platform and enhance global cash management capabilities. The long-term implication suggests a growing trend of banks exploring stablecoins for improved cross-border payment efficiency and integration with existing financial systems.
Circle Acquires Tazapay for $400 Million to Enhance USDC Payment Infrastructure
Circle Internet Group has announced its acquisition of Tazapay, a Singapore-based cross-border payments firm, for $400 million in an all-stock deal. This acquisition is driven by the need to integrate Tazapay's substantial payment volume and banking partnerships into Circle's USDC infrastructure, particularly as stablecoin adoption accelerates in global payments. The long-term implication is that this move could solidify USDC's position as a leading payment solution in emerging markets across Asia and Africa, pending regulatory approvals.
Ripple Targets $13 Trillion Corporate Treasury Market for RLUSD Stablecoin Expansion
Ripple has identified corporate treasury clients as a potential distribution channel for its RLUSD stablecoin, with an annual transaction volume of approximately $13 trillion. This strategic focus follows Ripple's acquisition of GTreasury, which enhances its treasury management capabilities and positions RLUSD for various financial use cases. The long-term implication is that Ripple aims to expand its market presence in Europe while increasing the adoption of RLUSD in corporate payments and settlements.
Latest Stories
Ripple Targets $13 Trillion Corporate Treasury Market for RLUSD Stablecoin Expansion
Ripple has identified corporate treasury clients as a potential distribution channel for its RLUSD stablecoin, with an annual transaction volume of approximately $13 trillion. This strategic focus follows Ripple's acquisition of GTreasury, which enhances its treasury management capabilities and positions RLUSD for various financial use cases. The long-term implication is that Ripple aims to expand its market presence in Europe while increasing the adoption of RLUSD in corporate payments and settlements.
Anchorage Digital Partners with Frgmnt to Enhance Institutional Access to fUSD Stablecoin
Anchorage Digital has announced a partnership with Frgmnt to integrate institutional access to the fUSD stablecoin and sfUSD staking token. This move is driven by the increasing demand for compliant onchain finance infrastructure, allowing clients to manage assets directly through Anchorage's custody platform. The long-term implication is the expansion of regulated pathways for institutions into yield-generating stablecoin products, potentially reshaping the landscape of institutional crypto finance.
PayPal, M0, and MoonPay launch PYUSDx platform for stablecoin issuance
On September 9, 2026, PayPal, M0, and MoonPay launched the PYUSDx platform, enabling businesses to issue stablecoins backed by PayPal USD. This launch is driven by the growing demand for customizable stablecoins and the need to simplify compliance and reserve management for issuers. The long-term implication is the potential expansion of the stablecoin market, allowing for faster deployment of branded tokens while shifting reserve responsibilities away from issuers.
U.S. Bank Successfully Pilots USBDC Stablecoin for Cross-Border Transactions
On September 9, 2026, U.S. Bank executed a live pilot transaction using its proprietary USBDC stablecoin on the Stellar blockchain. This initiative is driven by the bank's aim to validate its Digital Asset Platform and enhance global cash management capabilities. The long-term implication suggests a growing trend of banks exploring stablecoins for improved cross-border payment efficiency and integration with existing financial systems.